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​The Number of Overidentifying Restrictions Equals the Total Number of Exogenous

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​The number of overidentifying restrictions equals the total number of exogenous variables in the system plus the total number of explanatory variables in the equation.


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Loans provided by banks that are typically due for repayment within a year or less.

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Financial institutions licensed to receive deposits, offer loans, and provide various other financial services.

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To pay back or return money that was borrowed from a person, bank, or financial institution.

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The potential for loss or the chance that an investment's actual return will differ from the expected return.

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